Quantcast
Sony on track to lose 2.1 billion dollars

Forums - Sony Discussion - Sony on track to lose 2.1 billion dollars

Sony should sell itself some insurance. Yikes. I hope the PS4 is geared for profit.



Around the Network
Slade6alpha said:
Yikes... How long can they maintain this pace before drastic measures. Not a Business major either, so am genuinely curious.

Seems like a lot of Sony's sectors of bleeding and PS is too small to recoup losses.

Only 2 divisions seem to be losing mony. Mobile is just doing so awful that it's bringing the whole company down. 



Sigs are dumb. And so are you!

Acevil said:

Seece or Kowen, since you actually would know. They obviously have loans, know how much loans they have compared to tangible assets. Also is the rate of interest given on said loans and how much is paid off each year?

Seece and/or Kowen are Sony experts, they will help you.

@OP and skidonti. The competition in certain markets (Vaio, TV, smartphones) was just too fierce. Mostly Korean manufacturers are extremely rapidly outpacing other manufacturers in terms of sales/profit. Sony can't catch up hence why they dropped those markets and it was the wiser choice.

They will be fine on the long run but their glasses idea is just going to run them into the same problems as the markets they already dropped I'm not sure why that's being mentioned as a solution.



I think Sony will eventually become an entertainment + insurance company.



padib said:
Acevil said:

Seece or Kowen, since you actually would know. They obviously have loans, know how much loans they have compared to tangible assets. Also is the rate of interest given on said loans and how much is paid off each year?

Seece and/or Kowen are Sony experts, they will help you.

@OP and skidonti. The competition in certain markets (Vaio, TV, smartphones) was just too fierce. Mostly Korean manufacturers are extremely rapidly outpacing other manufacturers in terms of sales/profit. Sony can't catch up hence why they dropped those markets and it was the wiser choice.

They will be fine on the long run but their glasses idea is just going to run them into the same problems as the markets they already dropped I'm not sure why that's being mentioned as a solution.


Well I know Kowen actually has a strong financial understanding and looks at all three companies. Seece maybe not so much, but I know Seece pays attention decently. 

(If that was sarcastic response, since they are both are seen more MS centric)

 

Infact Sony fans are the worse to ask, since a lot of them act like the company is doing fine, compared to the actual state of the company, which is a former shell of itself. 



 

Around the Network
Acevil said:


Well I know Kowen actually has a strong financial understanding and looks at all three companies. Seece maybe not so much, but I know Seece pays attention decently. 

(If that was sarcastic response, since they are both are seen more MS centric)

 

Infact Sony fans are the worse to ask, since a lot of them act like the company is doing fine, compared to the actual state of the company, which is a former shell of itself. 

No, no sarcasm at all.



Sony is not doing fine and their Playstation brand will not survive by itself even if they slim down to that division alone. Even if they attempt to do that their remaining investors would and should rightfully throw a fit and threaten to sue. They most likely would get bought out by Apple, Samsung or Microsoft. I have said many times in the past that the only way they can restructure and return to profit is by getting rid of the people that got the company in that mess in the first place. Instead they cut the jobs of engineers and the actual people that made Sony what it was in its glory days.



keroncoward said:
Sony is not doing fine and their Playstation brand will not survive by itself even if they slim down to that division alone. Even if they attempt to do that their remaining investors would and should rightfully throw a fit and threaten to sue. They most likely would get bought out by Apple, Samsung or Microsoft. I have said many times in the past that the only way they can restructure and return to profit is by getting rid of the people that got the company in that mess in the first place. Instead they cut the jobs of engineers and the actual people that made Sony what it was in its glory days.

They don't operate on the PS brand alone. They have many other lines which are doing well actually. They have their music label, their financial division (insurance I think, not sure), movie labels, and games obviously which are working well for them.



How many rating agencies have them at "junk" status now?

First it was TVs bleeding them, then it was PCs, now it's mobile.

These restructuring changes of Kaz's that were supposed to right the ship, exactly when will they start kicking in?



Wait they already cut off the PC and TV divisions and still posted a 1.2b loss?  How did that happen?